Just received an offer from Europe for the 2019 Chambertin. Equivalent of $700 and change plus shipping. Reluctantly I said no, and decided that I won’t be buying more. Even the good but lesser Grand Crus have gone way up, doubling in the last three or four years.
And the gap between these and the Chambertin is enormous.
However this is not another “Burgundy prices are out of control” rant. In the context of quality and rarity, this is about the right price, not much more than a first growth Bordeaux. I bought Trapet because I wasn’t going to pay Rousseau prices, and Trapet might have been a half tier down but at a 75% discount. Now, a 50% discount, not outlandish for the quality. But sadly, once it went over $500 a bottle, I realized that I had enough Trapet, and could not be tempted.
Tangential question:
When Rossignol-Trapet broke up, how was its Chambertin divided? The N. Rossignol Chambertin is A LOT less expensive than Trapet’s. Even I own a bottle (of the 2014).
I’m not clear how Mark’s OP will not be considered a rant on pricing. If everyone pegs their prices to the prices of the 0.01% trophy bottles (e.g. Rousseau) that command extraordinary premiums, then great wine (or at least great Burgundy) will be inaccessible to most wine lovers. Mark is making a purchasing choice; most folks (even here) don’t have the option.
Regards,
Peter
I’m really annoyed that Zachy’s f-ed up my order for a mag of 16 trapet (and 17 af Richebourg) and shipped it in high temps; they refunded me but I’d rather have had undamaged wine at the price i paid.
Julian,
Sorry, I was being a bit tongue in cheek about Mark’s post. I was simply bemoaning that the market has shifted such that it now makes sense to consumers (like Mark) when prices of well-made (but not reference-level) Chambertin are pegged to Rousseau prices. In the not too distant past, the top wines (with huge premiums for being the very best) didn’t influence the “very good wines” market so much. Or I guess producers have discovered that every well-made Chambertin, and not just the top ones, is now a Veblen good. Hey, I’m not bitter.
Regards,
Peter
I do think the wines of Rousseau are without peer. Trapet, Duroche and the occasional bottle of Drouhin Beze and Rossignol Trapet come fairly close, especially in more recent vintages. All of these were lower cost alternatives; but my point was that they were close enough that past vintages seemed underpriced. The current pricing is more in keeping with the relative quality.
Yeah I was ready to load up on some usual suspects and then saw 30% - 60% increases in pricing and it backed me off. Lucky to get a decent retailer who realized the anomaly and gave me a big discount on Bouchard so I still picked up a few mixed cases of GC.